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Re: Any Delta Divergence Ideas?
One thing to note with market deltas video on delta divergence is they are plotting "delta bars" and not plotting over time. Basically, you can set the plots so that a bar is only plotted at X number of contracts on one side of the bid/offer.
Basically like constant volume bars with only one side of volume. Its quite interesting from messing around with it but I believe its a bit different than what 5pillars was doing in the ET thread, I still didn't quite understand how he was trading that stuff. With the delta bars you clearly see areas of congestion vs activity as bars are simply not plotted and just get longer as the market consolidates.
If anyone would want to figure out how to overide Ninja's plots to make delta bars, I would certainly be into helping out on that project. I think Ninja will ultimately crush neoticker in the next few years. Neoticker is amazing but it feels like your running a program written for windows 98.
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